56.72
18.90currency as an interest..
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
60 x .0739 x 4 Multiply those together and tada
You already gave the simple interest - 9 percent. Rethink and ask your question again.
56.72
1,773.60
18.90currency as an interest..
18.90 as an interest. and principle wil remain same.
463.72
Simple interest: 144Compound interest: 152.64
19035 by simple interest
$48
$494.34 Interest= principal amount * time* simple interest %
Simple interest = 1000 * 5/100 * 3 = 150
To calculate simple interest, use the formula: Interest = Principal × Rate × Time. For a loan of 8000 pounds at an interest rate of 11% per annum over seven years, the interest would be: 8000 × 0.11 × 7 = 6176 pounds. Therefore, the simple interest on the loan is 6176 pounds.
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .